Snail Games Announces Conditional Decision by Nasdaq to Continue Listing Class A Common Stock

▤ Summary

Snail, Inc. says Nasdaq has allowed its Class A common stock to keep trading on the Nasdaq Capital Market, but only if the company meets specific equity and disclosure conditions. The company must raise its stockholders’ equity to at least $2.5 million within the required period and submit timely public updates on its compliance efforts. Nasdaq also requires Snail to report any significant events that could affect its ability to meet the conditions. If Snail fails to satisfy the requirements, Nasdaq can still delist the stock.

▦ Linked Companies

Snail Games USA

$10M to $25M